Solway Investment Group, on behalf of Compañía Guatemalteca de Níquel (CGN) and Compañía Guatemalteca de Níquel de Izabal S.A. (Pronico), would like to make a clarification regarding the ruling of Guatemala’s constitutional court, made on July 18, 2019, to temporarily suspend the operating license at...
In 2018, Solway had consolidated revenues of USD 536 million; Group EBITDA was USD 81 million with an EBITDA margin of 15%; Production costs increased to USD 457 million in 2018, up from USD 363 million in 2017 due to an 18% increase...
After thoroughly reading the investigation published by Forbidden Stories and linked to by The Guardian, Solway Investment Group would like to clarify the following: As a socially responsible international company, Solway values freedom of speech, supports investigative journalism and aims for transparency in its communications. We...
April 25, 2019 – Zug, Switzerland – Solway Investment Group GmbH (Solway) today announced that it has delivered a proposal to Euromax Resources Ltd. (TSX: EOX) (Euromax), which will address Euromax’s long-term financing and development requirements (the Solway Proposal) and provides feasible solution to the...
Solway Investment Group categorically denies reports of its existing plans to invest in agriculture in the Philippines. The Group is not participating, neither directly nor indirectly, in the project in question. Three years ago, Solway Investment Group joined Techiron, a chromite mining project. At present, Robert...
On December 12, 2018, Solway’s Macedonian subsidiary, Bucim DOO, officially launched preparatory works at the new Borov Dol mine. Development of Borov Dol is forecast to extend the life of the Bucim operation to at least 2028. Solway is planning to invest up to €50 million...
Zug, December 17, 2018. During the Salzburg Festival’s presentation of its 2019 program in Zurich last week, Solway Investment Group and the Salzburg Festival announced another year of their successful partnership. Solway Investment Group will financially support the Salzburg Festival’s Opera Camps for Children and...
Last week, a delegation of Solway’s Guatemalan Nickel Company (CGN), led by CGN’s manager for community affairs, Maynor Álvarez, participated in the international conference on Business and Human Rights in Izabal, Guatemala. The conference was held in Geneva, Switzerland. The conference was co-organized by the...
In May 2018, Campania Guatemalteca de Niquel (CGN) and Pronico - jointly referred to as Fenix project (Guatemala) - partnered with ERM Mexico, S.A. to evaluate progress made to date in the implementation of the Environmental, Social, Health and Safety (ESHS) best practices. Last week the...
Last week Solway's Macedonian copper and gold mine Bucim DOO - Radovish received the ore extraction permit for the new mine Borov Dol. The new license will extend the life circle of the currently operating mine Bucim for at least 10 more years. During the...
